1.1 Business Activity

TES Teachers' Choice 2026

1.1 Business Activity: Cambridge IGCSE Business 0264 lesson

1.1 Business Activity is one of the 5 lessons in Unit 1 Understanding Business Activity of Cambridge IGCSE Business 0264, for first examination in 2027. It is an editable PowerPoint of 24 slides written against syllabus section 1.1.1, with 1 embedded video case study, 2 learning checks and an exit ticket. Also suitable for Cambridge IGCSE (9-1) Business 0774 and Cambridge O Level Business 7081, which share the same content.

The lesson opens with a video on the four factors of production, then works through opportunity cost with a mining company deciding between cobalt and copper, and added value with car production and canned tuna. The case study is Snugburys Ice Cream, a family-run business facing a 30-fold rise in the price of vanilla, and students decide whether it should switch to artificial flavours.

Slide from lesson 1.1 of Cambridge IGCSE Business 0264: Business Activity

This lesson is free, with a teacher answer key: download 1.1 Business Activity on TES.

Learning objectives

Taken from the objectives slide of the lesson, which follows the syllabus wording.

1.1.1 The nature of business activity

  • factors of production: land, labour, capital and enterprise
  • concept of adding value and how added value can be increased
  • concept of opportunity cost

What is in the lesson

The running order below is the deck as sold. Every lesson in the course follows the same shape: learning objectives, content slides with the real business examples, a learning check after each section, a case study with questions, key takeaways and an exit ticket. The free download includes a teacher answer key for the learning checks and exit ticket.

Slide by slide (24 slides)
  1. Title slide
  2. Learning Objectives
  3. Watch: The Four Factors of Production (video)
  4. The Nature of Business Activity
  5. Why Choices Must Be Made
  6. Opportunity Cost
  7. The Cost of Choice: Opportunity Cost
  8. Factors of Production
  9. Resources for Production: The Four Factors
  10. Unpacking the Factors: Capital and Enterprise
  11. Adding Value in Business
  12. Added Value Formula
  13. Example: Adding Value in Car Production
  14. Adding Value: Canned Tuna Process
  15. Cobalt or Copper: A Business Choice
  16. Questions: Identify the opportunity cost for a mining company that switches from…
  17. Boosting Worth: Two Ways to Increase Added Value
  18. Learning Check
  19. Snugburys Ice Cream: Case Study
  20. Adding Value at Snugburys
  21. Snugburys' Vanilla Dilemma
  22. Learning Check
  23. Key Takeaways: Business Activity
  24. Exit Ticket

Where it fits

Week 1 of the 0264 scheme of work and pacing guide, which gives the course 46 weeks with a mock in week 41. Next lesson: 1.2 Economic Sectors. All 28 lessons: Cambridge IGCSE Business 0264.

How to buy

The lesson is free on TES with its answer key: 1.1 Business Activity, free PowerPoint lesson. The rest of the unit: Unit 1 Understanding Business Activity on TES. The whole course in one download: 0264 Complete Bundle.